GO
Loading...

Europe

More

  • Turkey says Syria stopped buying electricity last week Thursday, 11 Oct 2012 | 4:21 AM ET

    ANKARA, Oct 11- Syria decided to stop buying electricity from Turkey last week but there is no disruption to supplies and Turkey stands ready to resume them if Syria wants to start buying again, Energy Minister Taner Yildiz said on Thursday.

  • BRIEF-Long Haul Holdings to buy back Bumi Resources Thursday, 11 Oct 2012 | 4:21 AM ET

    *Long Haul Holdings to buy back Bumi Resources and bids for entire Berau stake. relationship between Bumi PLC and the Bakrie Group interests. *Long Haul Holdings- also submitted a firm bid to purchase Bumi plc's entire.

  • Shares in British luxury clothing manufacturer Burberry gain 7.9 percent as a revenue update beat battered market expectations after a profit warning last month, triggering a recommendation upgrade by Seymour Pierce.

  • Syrian minister accuses Turkey of piracy - TV Thursday, 11 Oct 2012 | 4:12 AM ET

    BEIRUT, Oct 11- Syria's transport minister accused Turkey on Thursday of "air piracy" after Turkish fighter planes forced down a Syrian passenger jet flying from Russia to Damascus, Lebanon's al-Manar Television reported. The channel quoted minister Mahoumd Said as saying the move amounted to "air piracy which contradicts civil aviation treaties."

  • LONDON, Oct 11- Palmaris Capital PLC:.

  • FRANKFURT, Oct 11- Germany's Siemens may outline job cuts and office closures on Thursday to stop profits sliding as customers put off ordering engineering equipment because of Europe's economic crisis.

  • ECB sees "severe distortions" in bond markets Thursday, 11 Oct 2012 | 4:10 AM ET

    FRANKFURT, Oct 11- There are severe distortions in euro zone sovereign bond markets stemming from unfounded investor fears about a potential break-up of the single currency, the European Central Bank said in its monthly bulletin on Thursday.

  • Spain worries hurt European equity markets Thursday, 11 Oct 2012 | 4:08 AM ET

    *S&P downgrade to Spain pegs back European equities. LONDON, Oct 11- A rating cut that added to concerns over Spain pegged back European equities on Thursday, although gains in major retail and fashion stocks enabled some key indexes to edge into positive territory.

  • Oct 11- WH Smith Plc said Chief Executive Kate Swann will step down on June 30, after running the books and stationery retailer for a decade, sending its shares down as much as 7 percent. Steve Clarke, managing director of the company's High Street division, will take over from Swann on July 1.

  • *Telenor still needs local partner for new business* Spectrum auction set for November for new licences* Telenor has not yet decided to participate in new auction* Unitech-Telenor JV caught in controversial court case By Devidutta Tripathy and Victoria Klesty.

  • BRIEF-Porsche says September global sales up 13 percent Thursday, 11 Oct 2012 | 4:05 AM ET

    *Porsche says September global sales up 13 percent.

  • Asia Coffee-Vietnam new crop on offer; trade cautious Thursday, 11 Oct 2012 | 4:05 AM ET

    *Vietnam's new crop offered at $30 below London. SINGAPORE, Oct 11- Trading houses offered beans from Vietnam's new crop at discounts to London futures this week, but Indonesian robustas returned to premiums despite a lack of interest from roasters, dealers said on Thursday.

  • Burberry leads Britain's FTSE 100 up from 1-week lows Thursday, 11 Oct 2012 | 4:04 AM ET

    *FTSE 100 up 0.2 pct, off an earlier one-week low. LONDON, Oct 11- Britain's FTSE 100 share index edged up from one-week lows on Thursday, with concerns about the euro zone crisis offset by signs of slightly better trading at luxury fashion house Burberry.

  • *Ericsson signs loan agreement with the European investment bank. *Says EUR 500 million loan supports ericsson's research and development. *Says Ericsson has an option for disbursement until April 2014.

  • *Plans to maintain second parallel listing in Athens* Says will maintain its operations in Greece. ATHENS, Oct 11- Coca Cola Hellenic, the world's second-largest bottler of Coca-Cola Co. soft drinks and Greece's biggest firm by market value, said on Thursday it would switch its main bourse listing to London, where it hopes to tap more liquidity from investors.

  • FRANKFURT, Oct 11- Economic growth in the euro zone economy is expected to remain weak and "high uncertainty" is weighing on confidence, the European Central Bank said on Thursday in its monthly bulletin, adding that inflation expectations remained firmly anchored.

  • The world's largest specialty toy retailer said it would ship to more than 60 countries in north, south and central America, Asia and Europe. The firm said on Wednesday it will open toy departments in 24 Macy's stores this holiday season.

  • MADRID, Oct 11- Spanish consumer prices rose at their fastest pace in 16 months in September, data showed on Thursday, one more headache for Madrid after ratings agency S&P downgraded its sovereign debt to one notch above junk overnight.

  • ANKARA, Oct 11- Turkey's current account deficit narrowed more sharply in August, falling to $190 million excluding energy import payments, Finance Minister Mehmet Simsek told Reuters on Thursday.

  • Citi upgrades U.S. equities to "overweight" despite a slowing world economy with risks to the downside, while avoiding Japanese and euro zone equities on profit concerns. The upgrade of the U.S. comes at the expense of Japan, which is downgraded from "neutral" to "underweight", with profit recovery since the earthquake in 2011 coming in below the bank's expectations.